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INNOVATE Corp.
NYSE · Industrials · Engineering & Construction · US
$7.44
−0.27%Sep 2, 2026, 20:25 UTC
INNOVATE Corp. entered into the Tenth Amendment to its credit agreement with MSD PCOF Partners IX, LLC, extending the maturity date to December 31, 2026, and adding an exit fee of 1.50% of the aggregate Revolving Credit Commitments payable upon certain events including maturity or acceleration.
Sep 2, 2026, 12:30 UTC
INNOVATE Corp. announced the closing of the sale of a controlling interest in its broadcasting segment, HC2 Broadcasting Holdings Inc., to CONX Corp.
Source:Aug 10, 2026, 12:00 UTC
INNOVATE Corp. agreed to sell its majority-owned subsidiary DBM Global, Inc. to IES Holdings, Inc. for $650 million in cash and stock consideration.
Aug 6, 2026, 00:00 UTC
INNOVATE Corp. reported its Q2 2026 financial results with consolidated revenue of $421.6 million and net income of $10.4 million.
Source:Aug 3, 2026, 00:00 UTC
INNOVATE Corp. amended its 9.5% Convertible Senior Secured Notes due 2027 indenture to allow interest for the February 1, 2026 through July 31, 2026 period to be paid in kind for consenting holders.
Aug 3, 2026, 00:00 UTC
INNOVATE Corp. amended its 10.500% Senior Secured Notes due 2027 indenture to allow interest for the February 1, 2026 through July 31, 2026 period to be paid in kind for consenting holders, and to pay a 1.5% consent fee in additional notes.
Jun 1, 2026, 12:30 UTC
HC2 Broadcasting Holdings Inc., a subsidiary of INNOVATE Corp., closed a refinancing transaction.
Source:Jun 1, 2026, 00:00 UTC
INNOVATE Corp. signed an agreement for CONX Corp. to acquire HC2 Broadcasting Holdings Inc. via a merger, with CONX providing $75 million in equity commitments.
Source:Jun 1, 2026, 00:00 UTC
INNOVATE Corp. signed a $105 million bridge loan agreement, secured by first lien on guarantor assets, with 8.0% annual interest payable in kind.